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thizsukz

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thizsukz

Re: None

Wednesday, 02/13/2013 8:46:11 AM

Wednesday, February 13, 2013 8:46:11 AM

Post# of 62039
Comparing the ROA is a completely useless metric for a start up mining company. The company is devoting their resources to returning the mine to production, on PAPER there will always be negative metrics (P/E, EBITDA, ROE, ect.). You have to look at their progress towards reopening the mine. It is well documented that they have made substantial progress towards this objective. The MOP and EA are in the final stages with an expected approval date of April 15th, the APP is moving forward.
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